Ian Hannam, the former JP Morgan dealmaker who is fighting a £450,000 fine levied by the Financial Services Authority, has now formally created his new investment firm, Hannam & Partners, almost five months after Financial News first reported his plans.

Hannam & Partners was incorporated as a limited liability partnership late last month, according to filings at Companies House, while a second business, Hannam & Partners (Advisory), was incorporated in mid-July.